An email has been sent to your address with instructions for changing your password.
There is no user registered with this email.
Sign Up
To create a free account, please fill out the form below.
Thank you for signing up!
A confirmation email has been sent to your email address. Please check your email and follow the instructions in the message to complete the registration process. If you do not receive the email, please check your spam folder or contact us for assistance.
Welcome to our platform!
Oops!
Something went wrong while trying to create your new account. Please try again and if the problem persist, Email Us to receive support.
Pitney Bowes Appoints Tom Doherty as Vice President, Lending Services and Products
Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
management
Rhea-AI Summary
Pitney Bowes (NYSE: PBI) has appointed Tom Doherty as Vice President of Lending Services and Products, a move aimed at enhancing its financial services for small and mid-sized businesses. Doherty, previously with CIBC Bank USA, will lead the lending segment, which includes mail lending and logistics financing. His appointment comes as the company seeks to deepen its commitment to small businesses by developing new markets and products. This strategic role is seen as critical for driving long-term growth.
Positive
Appointment of Tom Doherty brings extensive experience in business banking.
Focus on enhancing financial services for small and mid-sized businesses.
Strategic leadership aims to drive long-term growth and client value.
Negative
Concerns about continuity in leadership changes may arise.
Experience gaps due to transition from CIBC Bank USA.
Global finance leader brings decades of business banking experience
STAMFORD, Conn.--(BUSINESS WIRE)--
Pitney Bowes Inc. (NYSE: PBI), a global technology company that provides commerce solutions in the areas of ecommerce, shipping, mailing and financial services, today announced that Tom Doherty has been appointed Vice President, Lending Services and Products. He joins Pitney Bowes from CIBC Bank USA where he served as Managing Director and Head of Business Banking.
In this global role, Tom will lead the lending business within Pitney Bowes Financial Services, which includes responsibility for mail lending, shipping & logistics financing, and working capital lending. Reporting to Christopher Johnson, Senior Vice President and President, Pitney Bowes Financial Services, Tom will also oversee the existing portfolio of lending clients, with responsibility for new market and new product development.
Christopher Johnson, Senior Vice President and President, Pitney Bowes Financial Services said, “Tom has an outstanding track record in financial leadership which he brings to this role at an important point in the Pitney Bowes Financial Services journey. At Pitney Bowes Financial Services, we’re deepening our commitment to small business, investing in our organization to drive client value and deliver long-term growth. Tom will play a key role in helping us deliver on this commitment. The team and I are delighted to welcome Tom to the Pitney Bowes family”.
“I’m excited to join Pitney Bowes Financial Services at a pivotal point as it invests to drive growth and continue its unrivalled support for small businesses,” said Tom. “SMBs have had a turbulent few years and I’m looking forward to helping them access the financial services they need to grow and thrive”.
Prior to his role at CIBC Bank USA, Tom served as Group Senior Vice President of Business Banking for LaSalle Bank, part of ABN AMRO Bank, and has held other business banking roles in of progressive responsibility throughout his career. Tom graduated from Northern Illinois University with a B.S. degree in Finance and holds an MBA from Crummer Graduate School at Rollins College in Florida.
With a unique legacy of over 100 years’ championing small businesses, Pitney Bowes leverages its experience to deliver a portfolio of Financial Services products specifically designed to nurture and support the small- and mid-sized business community.
About Pitney Bowes
Pitney Bowes (NYSE:PBI) is a global shipping and mailing company that provides technology, logistics, and financial services to more than 90 percent of the Fortune 500. Small business, retail, enterprise, and government clients around the world rely on Pitney Bowes to remove the complexity of sending mail and parcels. For additional information visit Pitney Bowes at www.pitneybowes.com.
The Pitney Bowes Bank, Inc. is a subsidiary of Pitney Bowes Financial Services, which in turn is a subsidiary of Pitney Bowes, Inc. The bank is a fully chartered Industrial Bank located in Salt Lake City, Utah for over 23 years and Member FDIC. The bank has a nationwide lending and deposit footprint.
